Posted on 10/11/2018 11:57:57 AM PDT by BradtotheBone
Maybe the Feds will print more money. /s
Well, there is this to consider:
https://www.investopedia.com/terms/p/plunge-protection-team.asp
“I’m curious how much it would cost to accomplish this manipulation.
“
Well, there is this to consider [stripped out the html]:
https://www.investopedia.com/terms/p/plunge-protection-team.asp
It’s just re-valuing itself from the bloated, overpriced, over-valued crap stocks. We all knew this ‘correction’ was coming.
Trump is ticked .
Powell is now hiding after dropping this bomb .
The talk about Trump firing this guy is growing .
The Fed reserve is looking like its setting up a recession for political globalist reasons .
For eight years they propped up a Muslim socialist globalist .
And?
How about the day it went down 666 points?
Trump has to bail out the Fed for it’s support of Hussein.
Not fair, but true.
Also has to consider those who invested in China. I bet they’re covering margin calls like crazy these days.
But they’ve had plenty of warning of ehat was coming- so not so much.
Nothing to worry about. There is nothing on this earth that keeps going up all the time(apart one’s age LOL!), least of all the stock exchange . The markets always go up and down, albeit a 1400 fall in two days is a little bit extreme. I thought companies like Amazon were highly overpriced anyway, with a massive P/E ratio of 130. It was time for a correction.
In another couple of days, the markets will probably start going up again, like they usually do after big corrections like that.
In October 1987 the Dow lost a quarter of it's value in a single day. Six months later it was back where it was.
Yes - gold had a sharp rise. It is likely that gold will go for a run, after languishing for the past two years.
This is just part of his theory....you can see him on YouTube giving his 3 or 4 minute analysis.....
“It was up a little bit today, and there are people… I need to tell you. There are people wondering if this is the October surprise, because, you know, early voting is happening now. As the stock market goes down, the media loves to talk about, “The Trump economy may have topped out, and we may be headed back to our Obama reality,” or some such thing. So there are suspicions this is all being manufactured — in other words, leftists willing to take a financial hit in order to try to hurt Trump.”
China markets opening, Shenzhen down another 6.34%, western markets holding on.
No drop in the Yuan though, guess they’re hoping to save that for January when the rest of the tariffs kick in.
China is so overextended it’s nuts LOL!
Sorry. Site I was looking at must not have updated.
Szenzhen down 1.2% now, Yuan heading to 7 to a buck.
“....They’re crashing it a bit so they can blame it on ,you guessed it ,Trump, before the mid terms ,LOL....”
It wouldn’t be a surprise. I doubt it works though. The People are on to them and know where it’s coming from. Soros, and the evil ilk like him, need to be dealt with.
ime.com/money/5290948/stock-market-2018-7-investing-charts/
normal correction
ime.com/money/5290948/stock-market-2018-7-investing-charts/
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.